Local Tax Hikes and Borrowing on the Ballot This Fall
by Kristina Rasmussen A round up of local Illinois measures on the ballot this November 2 by Ballotpedia.org shows that local governments across the state are trying to hike taxes and borrow more money. Some examples, with individual summaries from Ballotpedia.org: Sangamon County sales tax hike. The tax would add one percent to the current sales tax rate in...
by Kristina Rasmussen
A round up of local Illinois measures on the ballot this November 2 by Ballotpedia.org shows that local governments across the state are trying to hike taxes and borrow more money.
Some examples, with individual summaries from Ballotpedia.org:
- Sangamon County sales tax hike. The tax would add one percent to the current sales tax rate in the county. The tax, if approved, would generate on average $10 million a year for the school districts.
- Wheeling Village 911 fee hike. This measure seeks to double the 911 fee rate in the village
- Iroquois County sales tax hike. This measure will ask for a three-quarters of a cent sale tax increase
- Lake Bluff pool bond measure. This measure seeks to create a bond in the amount of $10.7 million in order to help pay for a new pool in the district as well as making improvements as needed.
Is a tax hike up for consideration in your backyard? Find out now.
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